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Level 1
September 15, 2023
Question

Foreign property on 1065

  • September 15, 2023
  • 1 reply
  • 5 views

Can anyone tell me how to enter foreign use rental property into the 1065 desktop version so that it calculates depreciation properly?

1 reply

Level 15
September 15, 2023

You will probably have to do this in Forms Mode on the Asset Entry Worksheet (change the depreciation method to ALT).

 

 

Also, make sure you have chosen the correct asset class.